The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1887-12-01
TREASURY SURPLUS.
All Important Subject Between
Senators and Representatives.
The Expressions of Few Of Those Inter.
viewed by the United Press Repre-
soniative-Consumlng Theme
OF the Hour.

I
WAsniyGTOS, Nov 24-There is but ono
very prominent subject under discussion
between tho Senators aud Representatives
now in the city, and that is the surplus in
tho treasury, In fact II reports Of arriv-
ing statesmen from every section and de-
partmental correspondence is TO DO ac-
| cepted as Indicative OF public thought, this
is the consuming theme OF the hour not
only among statesmen but among business
men generally throughout the country. II
| Is conceded by all OF the legislators that the
first question which will come before the
House win be "What is 10 be done about
/ the surplusm and that the most vigorous
effort win be made, not only by the donn-
nant party, but by the minority, TO remedy
| what is now referred 10 us the common
| evilr
| With aview OF ascertnining the senti.
ment OF statesmen now In Washington on
the subject, tho United Press reporters
| have, during tho past week. interviewed all
Of the available mon who viii be called
upon Mt the approaching ses,Jon 10 vote
upon measures affecting tho SFplus, A
majority who expressed opitons antici.
patcd some sort Of action upon the tariff
aud the informal revenue. A large majority
are ia favor OF abolshing the tax upon all
tobacco except in tho form Of manufact-
ured cigars and cigarettes. Especially are
the Republicans favorable 20 IN propo-
sition. Many favor free sugar lumber,
salt and raw materials not produced In this
country. bounty for sugar ruisiug Is
popular. Many Of those approached onthc
subject acknowledged its immonse breadth,
and reiusing 20 say, In u word. what their
positions were, wanted to sit down on II at
length, eylncing deep concern in tho gen
cral feeling.
The Democrats expect the President 10
make recommendation 20 Congress so
plain that the party may GO into caucus and
agree 10 support bill which Secretary
Fairchild has intimatcd he win submit, and
which is TO bo known as tho "Adminlstra-
tion bill. This is tho idea OF the proper
thing 10 be done by Representatives. Breck-
inridEcaof Kentucky, and Mills OF Texas,
who nretthe ranking Democratic members
on the committee Of Ways and Means. The
Republican Senators. however, intimate
that itis not possible for the House 70 send
over measure which will receive q ma
jority report from the Senate Committee on
Finance, without material amendments.
II was stated that the administration
bill viii recommend, after general re.
duction OF the tatiT, the abolition OF all tax
The expressions Of a fow Of those inter
viewed by the United Press representa-.
tiyes arc appended; Speaker Carlisle is in
favor OF immediate action. The President
and Secretary OF the Treasury, he says,
will recommend IT, The surplus, In his
opinion, must bc attacked by general re.
duction OF tho tariff. He would take from
$40. 900 900 10 $50 900 coo from the annual re-
ccipts by an enlargement OF the free list,
including mostly raw materials, and would
then abolish the tax on manufactured to-
bacco TO the extent OF $2O001,0 900, making
the aggregate reduction about SI0,0jO,OOD n
year. He would leave the tobacco tax solo
ly on cigars and cigarettes.
Senator Sherman favors revival OF the
distribution act of 1887, by which the sur
plus could be distributed 10 the States mp
on the basis Of population, II internal i'm
provements, tho abolition Of the tobacco
tax. FREQ sugar and bounty 10 sugar
makers would not do II. He thinks tho
question OF reducing the surplus will come
up with tho tariff, and that the Semitic viii
bring In new bill when IL receives the
work OF the House, 80 there will, of necos-
sity, be great delay in final action
Senator Allison thinks the question will
he presented in ayarioty OF forms. Inter
nal Improvement, rebuilding Of tho navy,
reduction OF foreign and domestic tariffs,
etc.
Representative Bynum, OF Indiana,
thinks that the tnriff will be the means re-
sorted TO in reducing the surplus, and that
the Democratic party being pledged TO
moro moderate tariffs, must confine itself
to securing lower import duties. Bynum
reckons as surplus the amount set aside
for the redemption OF grceubaoks, and
thinks sum could just rs reasonably be
ct aside for the payment of government
bonds.
Senator Beck anticipates q long debate
upon questions directly affecting tho sur
plus, but does not think that the surplus IT.
self will cut n direct figure. He Is in favor
OF reducing the internal taxes and the GUS
toms dues to large extent.
Senator Mitchell, of Oregon, SAID the agi-
tation OF the surplus would bo Que Of the |
first questions 10 come before Congress and
ono of the last to be disposed Of, as there |
seemed to be no definite or organized basis
TO work on. Every man has II theory OF |
his own, and he is fixed in IL. sIf had my |
way about i,,m said he, Il would soon sct- |
tie the question lwould begin by appro- |
printing S50,0l0,000 for river and harbor i'm |
provenents, n like sum FOR hnrbor deGenses |
and another fifty millions for new navy"
Representative Grain said: ''Of one thing |
] am INSURED. and that is that the salvation |
OF our party depends upon our reducing |
the revenue during the coming session. / |
suit, but will act IN consonancc with my |